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UNI Surges 30% Amid Ongoing On-Chain Development Talks

NewsBTC LogoNewsBTC12h ago

UNI Surges 30% Amid Ongoing On-Chain Development Talks - NewsBTC

Quick Summary:

Investors are excited as the platform continues to find innovative ways to improve user engagement.  Related Reading: Bitcoin Breaks $65K With $365 Million In Spot ETF Inflows Fueling The Rally Gas Abstraction: A Leap For Uniswap UX?   Across Protocol’s Chief Technology Officer, Matt Rice, and Uniswap’s Staff Software Engineer, Mark Toda recently discussed about the ERC-7702 which, if passed, would introduce a new transaction type known as externally owned accounts (EOAs).

This crucial resistance level might continue to resist in the coming days as the market hits its peak after days of continued bullish movement.  Related Reading: Stacks: New Network Upgrades Push STX Price Up By 18% – Details With this in mind, investors should monitor the token’s movement in the coming hours and days as this may determine the trajectory of the token.

This feature, once ERC-7702 is implemented, will greatly improve cross-interoperability, enhancing user experience.  As of writing, ERC-7702 is still in its draft stage which means the new on-chain goodies featured between Toda and Rice are still subject to revision.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-29 @ 01:00:14 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 65 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22762973

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 5 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

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Website Security: Secure (HTTPS)

Publisher ID: #102

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